• Phillip Streible

Blue Line - FX Rundown

"Actionable trading ideas that help you stay ahead of the markets."

To find out more, send an email to:

Info@bluelinefutures.com


British Pound (December)

Technicals: The trend following system is Long

Buy Trigger: 1.3163* October 21

Sell Trigger: 1.3134*

Settle: 1.3318

OTE Unrealized Profit/Loss: $968.75

Bias: Bullish / Neutral

Previous Session Bias: Bullish / Neutral

Resistance: 1.3489****

Support: 1.3232** , 1.3197** , 1.3061** , 1.2857* , 1.2674**, 1.2260****

ADX: 39.91

(ADX 14-day = Measures the strength of the current trend)

Pivot Point = 1.3275

ATR = Average true range = 0.0106

18 EMA: 1.3241 < 40 EMA:1.3142 = Bullish Trend

EMA = Exponential Moving Average

Initial Margin $3,300; Maintenance Margin $3,000

Last Trade Date: December 14

Technical Spotlight


Canadian Dollar (December)

Technicals: The trend following system is Long*

Buy Trigger: 0.76775* November 6

Sell Trigger: 0.75582*

Settle: 0.77000

OTE Unrealized Profit/Loss: $225.00

Bias: Bullish / Neutral

Previous Session Bias: Neutral

Resistance: 0.76420**, 0.77000****

Support: 0.76643** , 0.76063** , 0.75430**, 0.75000***, 0.74550****

ADX: 25.42

(ADX 14-day = Measures the strength of the current trend)

ATR = Average true range = 0.00453

Pivot Point = 0.76562

18 EMA: 0.76567 > 40 EMA 0.76230 = Bullish Trend

EMA = Exponential Moving Average

Initial Margin $1,760; Maintenance Margin $1,600

Last Trade Date: December 15

Technical Spotlight


Euro (December)

Technicals: The trend following system is Long

Buy Trigger: 1.18480* November 5

Sell Trigger: 1.17255*

Settle: 1.19605

OTE Unrealized Profit/Loss: $1,406.25

Bias: Bullish / Neutral

Previous Session Bias: Bullish / Neutral

Resistance: 1.19410***,1.20450****

Support: 1.18612** , 1.17472** , 1.16300*** 1.15999***

ADX: 23.85

(ADX 14-day = Measures the strength of the current trend)

Pivot = 1.18350

ATR = Average true range = 0.00696

EMA: 1.18701 > EMA 1.18302 = Bullish Trend

EMA = Exponential Moving Average

Initial Margin $3,190; Maintenance Margin $2,900

Last Trade Date: December 14

Technical Spotlight


Japanese Yen (December)

Technicals: The trend following system is Long

Buy Trigger: 0.961930* November 18

Sell Trigger: 0.951680*

Settle: 0.961450

OTE Unrealized Profit/Loss: $-250.00

Bias: Neutral

Previous Session Bias: Neutral

Resistance: 0.0096275****

Support: 0.951567** , 0.950433** , 0.943900* , 0.0094310**, 0.009363****

ADX: 24.78

(ADX 14-day = Measures the strength of the current trend)

ATR = Average true range = 0.005591

Pivot = 0.948990

18 EMA: 0.958176 > 40 EMA 0.955431 = Bullish Trend

(EXPMA = Exponential Moving Average)

Initial Margin $4,400; Maintenance Margin $2,900

Last Trade Date: December 14

Technical Spotlight


Swiss Franc (December)

Technicals: The trend following system is Long

Buy Trigger: 1.11280* November 6

Sell Trigger: 1.09121*

Settle: 1.10540*

OTE Unrealized Profit Loss: $-925.00

Bias: Bullish / Neutral

Previous Session Bias: Bullish / Neutral

Resistance: 1.11000**, 1.11500****

Support: 1.09267** , 1.09250**, 1.08887** , 1.07820****

ADX: 19.36

(ADX 14-day = Measures the strength of the current trend)

ATR = Average true range = 0.00645

Pivot = 1.10920

18 EMA: 1.09963 > 40 EMA 1.09829 = Bullish Trend

(EXPMA = Exponential Moving Average)

Initial Margin $4,400; Maintenance Margin $2,900

Last Trade Date: December 14

Technical Spotlight


U.S. Dollar (December)

Technicals: The trend following system is Short

Buy Trigger: 93.137*

Sell Trigger: 92.516* November 5

Settle: 92.154

OTE Unrealized Profit/Loss: $715.00

Bias: Bearish / Neutral

Previous Session Bias: Bearish / Neutral

Resistance: 92.743** , 93.50* , 93.71** , 93.935**, 94,815****

Support: 91.760***

ADX: 29.19

(ADX 14-day = Measures the strength of the current trend)

Pivot = 92.486

ATR = Average true range =0.466

EMA: 92.385 < 40 EMA 92.798 = Bearish Trend

(EXPMA = Exponential Moving Average)

Initial Margin $2,090; Maintenance Margin $1,900

Last Trade Date: December 14

Technical Spotlight


Good luck and good trading, Phillip Streible Chief Market Strategist 312-858-7303 Phil@Bluelinefutures.com Follow us on Twitter: @BlueLineFutures Follow us on Facebook: Blue Line Futures Facebook page Subscribe to our YouTube channel: Blue Line Futures YouTube channel If you have any questions about markets, trading, or opening an account, please let us know! You can email us at info@BlueLineFutures.com or call 312-278-0500 BlueLineFutures.com These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

Futures trading involves a substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete, and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

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